Major Advancements : Property Management Software market globally grow tremendously at a CAGR of about 6.77% by 2020

Albany, NY, 15th September : Recent research and the current scenario as well as future market potential of "Global Property Management Software Market 2016-2020" globally.

A property management software enables end-users to perform core real estate operations in a more efficient manner. The software, which has various applications in the real estate industry, primarily helps enterprises and brokers to manage the sales or purchases of properties. Using this software, property or real estate firms can perform various tasks such as property portfolio management, lease administration, cost administration, invoicing, and portfolio forecasting. Another application of the software is capital project management, which includes capital budgeting, project management, condition assessment, and commissioning. It is also used for asset management, risk management, and workplace services.

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Web-based property management software are also available in the market. They provide the facility to combine functions such as project costing and management, land acquisition, customer monitoring, sales and collection, financial accounting, payroll, and HR, and management information system and security modeling.

Technavios analysts forecast the global property management software market to grow at a CAGR of 6.77% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global property management software market for the period 2016-2020. To calculate the market size, the report considers revenue generated from software licensing. Software licenses are classified into the following categories:
Term license
Subscription license
Perpetual license:

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Property Management Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
AppFolio
Buildium
London Computer Systems
MRI Software
RealPage
Yardi Systems

Other prominent vendors
Accruent
ARGUS Software
Genkan
PROMAS
Property Boulevard
Rentec Direct
RentPost
Realty Information Systems
Rosmiman Software Corporation
Skyline Property Management
Total Management
TOPS Software

Market driver
Easy access to property data
For a full, detailed list, view our report

Market challenge
Concerns over data security and privacy
For a full, detailed list, view our report

Market trend
Growing demand for property management software in corporations
For a full, detailed list, view our report

Browse Report @ http://www.researchmoz.us/global-property-management-software-market-2016-2020-report.html

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.